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Asian stocks rose, with the regional benchmark index heading for its biggest weekly advance in two months. Japanese shares rallied after a drop in consumer prices stoked speculation the Bank of Japan will add to monetary easing to beat deflation.
Nikkei 225 11,606.38 +47.02 +0.41%
Hang Seng 22,880.22 -140.05 -0.61%
S&P/ASX 200 5,086.13 -17.95 -0.35%
Shanghai Composite 2,359.51 -6.09 -0.26%
Mitsubishi Estate Co. jumped 6.1 percent, pacing gains among Japanese developers.
Sony Corp., the maker of Bravia televisions and PlayStation game consoles, rose 3.9 percent after selling a building in Tokyo for 111.1 billion yen ($1.2 billion).
Golden Agri-Resources Ltd. dropped 3.1 percent in Singapore after the world’s second-largest palm-oil producer reported fourth-quarter profit declined 93 percent.
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